Today Traiana, the market standard for post-trade processing of foreign exchange (FX), announced that Morgan Stanley is the first customer to go live with Traianaâs real-time FX margin solution.
Nick Solinger, Chief Marketing Officer of Traiana, says âOver the years our sell-side customers have told us there has been little innovation in FX margining. Given the significant changes in prime brokerage and retail FX, customers now require a state-of-the-art, scalable, real-time margin solution across FX products and futuresâ.
Built on the proven architecture and functionality of Harmony, the solution provides real-time margining, and significant processing and through-put capability. The system handles margin, credit, prime brokerage, introducing brokers and retail trading relationships, and can also be used to cross-margin FX and futures.
Morgan Stanleyâs Todd Miller, Managing Director, says âOver the past few years, weâve experienced tremendous growth across all client segments. In order to manage that growth, we are committed to investing in best-of-breed technology. After reviewing all options, we realized that Traianaâs margining solution not only met our needs today but could also scale to support our business needs in the futureâ.